According to the California Association of Realtors, the median price to own a home in California as of August 2019 is $617,410. In San Diego the average price for a single family residence in August 2019 was $645,000.
Articles on the housing market in California
AirBNB pledge $25 million to support affordable housing and small business. Click here to read full article.
2019 Mid-year market forecast from The California Association of REALTORS. Click here to read full article.
How the Fed rate cuts affect you. Click here to read full article.
Where Are Rates Today?
It’s still a good time to purchase or refinance. Conforming interest rates today are in the high 3% range-low 4%. If you financed a property last year, owner-occupied or rental property or completed a refinance, it may a good time to lower your rate and payment. We offer a free, no obligation review of your current mortgage loan to verify if a refinance will lower your payment and start saving you money.
Loan Programs such as CALHFA with little to no money down and Government loan programs such as FHA and VA are available and assist first time buyers and repeat buyers with low interest rates and higher loan amounts with less money down.